ESSOR – Volet 4: Appui à l’internationalisation des entreprises (ESSOR’s Stream 4: Support for the Internationalization of Companies)

By mmuise

This stream is designed to Increase the presence of Québec companies in global supply chains by supporting them in their more complex internationalization strategies.

Comments on Funding:

1. Funding may take the form of:
- a repayable contribution,
- a loan guarantee (reimbursement guarantee of up to 70% on the net loss),
- an equity investment, or
- a non-refundable contribution.
2. The repayable contribution and the loan guarantee are the preferred forms of financial intervention.
3. Management fees (study fees) of at least 0.5% of the amount of financial assistance granted are payable by the company.
4. Annual guarantee fees of at least 0.5% of the guaranteed amount are payable.

Deadline: Before March 31, 2024

Eligibility criteria:

  • The applicants must be a for-profit business, a cooperative or a social economy business.
  • All sectors of activity are eligible except for the following sectors:
    a) primary sector (agriculture, forestry, fishing and hunting);
    b) mining, quarrying and oil and gas extraction;
    c) real estate and rental and leasing services;
    d) public services;
    e) personal services;
    f) management of companies and enterprises;
    g) health care and social assistance;
    h) administrative and support services
    i) finance and insurance;
    j) arts, entertainment and recreation;
    l) accommodation and catering;
    m) retail, unless the business meets these three criteria:
    i. it carries out pre-production activities (product development);
    ii. it carries out post-production activities (commercialization, marketing and distribution);
    iii. it has its head office in Quebec.
Application Steps:


Documentation Needed:


Other Things to Note:

The program ends on March 31, 2024.

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